Mountain Biking - Dealing with chipped/peeling paint

I recently bought a used bike and am looking to fix a couple things that are wrong with it.

One thing is that in some places -- especially the chainstay and on the underside of where the bottom bracket goes [from the chain slipping off the smallest front gear, I think] -- the paint is worn down to the aluminum frame.

I want to at least prevent the paint from peeling further, dirt getting in, or huge gashes being made to the frame, since it's a pretty nice frame I think.

Any recommendations? I was thinking about these:

http://www.jensonusa.com/store/product/FR409Y07-Lizard+Skins+Frame+Patch+Kit.aspx
http://www.jensonusa.com/store/product/CH309Z09-Lizard+Skins+Chainstay+Protector+Clear+S.aspx

How are they? Jenson's is a good place to order from, right? (Can't find them at the local shop.)

Anything else I should consider - product or alternative or whether I should even bother?

Thanks in advance.

you could always sand it down and use nail polish

Sand it down where needed, mask it off and throw down a couple of coats of auto paint that matches, then sray some clear coat over that. Hell, use something intentionally mismatched and tell people it's custom and all the cool kids are doing it.

I'd probably like to avoid the girly stuff. :b

nail polish is the new whistler.

lol, you shoulda seen the looks i was getting at rite-aid when i was first testing out nail polish colors on paper...:p

I recently bought a used bike and am looking to fix a couple things that are wrong with it.

One thing is that in some places -- especially the chainstay and on the underside of where the bottom bracket goes [from the chain slipping off the smallest front gear, I think] -- the paint is worn down to the aluminum frame.

I want to at least prevent the paint from peeling further, dirt getting in, or huge gashes being made to the frame, since it's a pretty nice frame I think.

Any recommendations? I was thinking about these:

http://www.jensonusa.com/store/product/FR409Y07-Lizard+Skins+Frame+Patch+Kit.aspx
http://www.jensonusa.com/store/product/CH309Z09-Lizard+Skins+Chainstay+Protector+Clear+S.aspx

How are they? Jenson's is a good place to order from, right? (Can't find them at the local shop.)

Anything else I should consider - product or alternative or whether I should even bother?

Thanks in advance.

Don't bother painting. Have the frame stripped and powdercoated. You'll be glad you did. That's the best fix for crappy factory paint finishes. Its more durable.